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20121129
20121207
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. the bank is cutting 11,000 jobs, which will save citi $900 million next year. cuts were rumored following former ceo vikram pandit's departure from the bank. citi chairman michael o'neill has been known to cut staff to turn business around. the bank has been trying to rebound after being hit hard during the financial crisis. worldwide, 84 branches will close as a result of the measures. a trader is under arrest, allegedly for attempting to get rich quick by trading shares of apple. according to reports, david miller was trading at rochdale securities. the fbi claims he bought roughly $1 billion in apple stock, unauthoritized, with the brokerage's money, on october 25th. that's the same day apple was set to release earnerings. he thought the stock would rise and he would make profit, but the stock fell, leaving the company with $5 million in losses. many companies are planning on cutting end-of-year bonuses. in a survey, consulting firm towers watson finds that bigger companies are planning on skimping on the end-of-year extra cash for employees. many companies are changing company qualifi
in america, we didn't have to search very far. chicago ranks 3rd in the nation compared to other cities. by state, it's california, michigan, texas, and georgia leading the way with the most completed foreclosures this year. joining us on set this morning is mary jones. she is the executive director agora community services. good morning to you. > > good morning. thank you for having me. > absolutely. we were hoping you could give us a sense of what is happening with people out there who are underwater still with their homes or facing foreclosures. how are they doing? > > they are not doing very well, and it is sad; however, there are opportunities to bring a recovery to those homeowners. one of them is the independent foreclosure review. that is a process where the federal reserve board has determined that between january 2009 and december 31st, 2010, there were foreclosures that should never have even happened. so, our job, or the dilemma that we are having, is getting the word out to those homeowners that may have left their homes and still are struggling, but they have an opportunit
is upon us. in cities across north america from now until mid- april, hot wheels from automakers around the globe will tempt you with their latest models. today, the l.a. auto show opens at the los angeles convention center. it's often called the "green auto show" for its emphasis on energy-efficient vehicles. automakers took the wraps off an all-electric fiat 500 chevy spark. meanwhile, jaguar and landrover unveiled lighter models and audi introduced four new diesel models for the u-s market. the l.a. auto show runs through december 9th. non-superheroes are going to get a chance to bid on batman's original batmobile this january. the one-of-a-kind, souped-up ford futura concept car was entirely-hand built for the 1960s tv series in turin, italy, of all places. the auction is set for january 19 in scottsdale, arizona. the final price is expected to reach into the multi-millions. still to come, traders debate which stocks could be next to offer special dividends. but first, are small businesses getting worried by fiscal fears coming from washington? that's next with bill moller. e have b
Search Results 0 to 2 of about 3